China Evergrande Group to invest in building the world’s fastest supercomputer

China Evergrande Group has allocated $239.53 million for 6 hi-tech projects undertaken by the Chinese Academy of Sciences, which includes areas such as surgical robotics, graphene, artificial intelligence, unpiloted aircraft, and health engineering. On Thursday, China Evergrande Group, a property developer, stated it plans on investing $239.53 million into six high-tech projects by the Chinese…

Switzerland working on regulatory framework for cryptocurrency projects

Of the 250 banks that earlier allowed companies to transact in cryptocurrencies, only two are active. While much of the business has gone to Liechtenstein, Swiss authorities are bent on taking back the crown. Regulators in Switzerland are stepping up their efforts to halt the exodus of cryptocurrency projects from the country. Currently only two…

French insurer AXA to sink in $10.60 billion in environmentally friendly projects by 2020

With the world threatened by global warming, France has taken the lead in making wealthy countries aware of this menace and is pushing for increased financing in projects that mitigate the effects of this risk. On Tuesday, French insurer AXA disclosed, it would quadruple its investments in environmentally-friendly projects by 2020 to $10.60 billion (9…